Julie, owner of a bed and breakfast inn, had been asked repeatedly to cater events. Once she realized her kitchen was not being used during the later part of the day, she started the company. This change is an example of
A. recognizing a hot trend and riding the wave.
B. combining two businesses into one to create a market opening.
C. beginning with a problem in mind.
D. considering ways to adapt a product or service to meet customer needs in a different way.
Answer: B
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The following items were reported on the balance sheets and income statement for the Flying Mullet Company: Accounts receivable, December 31, 2016 $ 85,000 Accounts receivable, December 31, 2017 98,000 Sales—2017 750,000 How would the change in accounts receivable be reported in the operating activities section of the statement of cash flows under the indirect method?
a. As an addition to sales b. As a deduction from sales c. As an addition to net income d. As a deduction from net income
Attributes or benefits that customers strongly associate with a brand, that they feel are favorable,
and that make the brand unique or special are known as ________. A) points of difference B) pivot points C) basis points D) points of parity
A manager is faced with having to lay off some of his staff due to financial losses that the company has suffered. Which of the following channels of communication would be the LEAST effective method for sharing the news with employees, given the sensitive nature of the message?
a. A face-to-face meeting with each employee b. A well-written, empathetic letter to each affected employee c. A telephone call to each affected employee d. Electronic mail to all affected employees
Geno's Italiano Ristorantes, Inc, employs three hundred workers at four loca-tions in two states. Under federal law, Geno's must provide each employee, during any twelve-month period, family or medical leave of? A) up to twelve days
B) up to twelve weeks. C) up to twelve pay periods. D) no limited duration.